Property Details
3842 D Place SE
Auburn, WA 98002
$1,100,000
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About This Home
We are pleased to present D Place Apartments, a well-maintained MF asset located in Auburn, WA. Built in 1981 and recently updated, this 4-Plex features 2-BD/1-BTH units, each 960SF with full sized W/D. The property offers a compelling investment opportunity with immediate cash flow and additional upside through rent growth. It is situated on a corner lot with great street visibility for signage and rentability. 3/4 units have undergone interior renovations, including SS appliances, L VP flooring, etc. Each unit also includes a private patio or balcony and a fireplace. A new roof was installed in 2017. This is a rare chance to acquire a stabilized property with additional upside potential – rents are estimated to be 10% below market.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
King
Neighborhood
Auburn
Listed
Apr 6, 2026
Interior Features
Bathrooms
0.0
Stories
2
Exterior & Lot
Lot Size
0.22 sqft
Year Built
1981
Exterior Materials
Brick, Metal/Vinyl
Sewer
Sewer Connected
Lot Features
Corner Lot, Cul-De-Sac, Dead End Street, Paved, Sidewalk
Exterior Features
Brick, Metal/Vinyl
Location
City
Auburn
County
King
Coordinates
47.27391, -122.22178
Schools
School District
Auburn
Additional Information
Tax Year
2026
Annual Taxes
$10,621
Possession
Array
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Estimated Monthly Payment
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
Find out if you’re eligible for down payment assistance programs that could help make this home more affordable. Programs can provide thousands of dollars toward your down payment and closing costs.
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